The Thai Chamber of Commerce revealed the economic growth this year only 2.2 percent and indicated household debt of 4.8 hundred thousand baht per household, the highest in 12 years. Knocking remedial measures
Mr. Thanawat Phonvichai President, University of the Thai Chamber of Commerce And Chairman of the Advisory Center for Economic and Business Forecasting COVID-19 outbreak revealed The new round has a direct impact on the country’s economy.
With regard to the use of measures to lock down in various areas, the economic activity is disrupted. In addition, the public cannot travel and use the restaurant. Including hotels, resulting in the operator unable to operate Including investment and consumption collapsed.
“Concerned about the country’s economy 3 months later if COVID-19 outbreak control Do not see concrete results Will greatly affect the employment or layoffs of workers “
The University of the Thai Chamber of Commerce It is expected that the country’s economic expansion this year may expand only 2.2 percent from the previous forecast that the economy will expand 2.8 percent.
Highest household debt in 12 years
In addition, the Chamber of Commerce surveyed household debt for 2020 and trends from a sample group. It was found that the average household debt amount was 483,950.84 baht per household. Which expanded 42.3%, the highest in 12 years
By factors that cause increased debt Due to the rising cost of living Lack of income due to being retired And inadequate income with expenditures
For factors that have a chance of debt settlement problems The sample group was of the opinion that 72.1% was due to the poor economy, followed by the cost of living inconsistent with income 59.4%, the income received decreased 54.8% and the COVID-19 epidemic was up to 55%.
The origin Business Nation, Resolution
